An Annuity with an Infinite Life Is Called

question 78

Multiple Choice

An annuity with an infinite life is called:

• A) A perpetuity
• B) A prima
• C) An in definite
• D) A deep discount

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Definitions:

Realistic

Describes something that is practical, feasible, and grounded in reality.

Three Pillars

A concept often referring to the essential components or principles that support and sustain a structure, system, or strategy, such as sustainability's economic, social, and environmental pillars.

Triple Bottom Line

A sustainability framework that evaluates a company's performance based on three dimensions: social, environmental, and financial, encouraging businesses to look beyond profits.

Profits

The financial gain that a business makes after subtracting its expenses from its revenue, indicating the overall financial success and viability of the enterprise.